Company Registration No. 12301422 (England and Wales)
Island Renewables Ltd
Unaudited accounts
for the year ended 30 November 2025
Island Renewables Ltd
Unaudited accounts
Contents
Island Renewables Ltd
Company Information
for the year ended 30 November 2025
Directors
Russell Thomson
Scott Wagstaff
Edward Simpkin
Company Number
12301422 (England and Wales)
Registered Office
13 Daish Way
Newport
Isle of Wight
PO30 5XJ
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Island Renewables Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
89,578
90,960
Inventories
233,982
180,157
Cash at bank and in hand
354,826
366,451
Creditors: amounts falling due within one year
(757,196)
(535,153)
Net current assets
392,206
327,113
Total assets less current liabilities
481,784
418,073
Creditors: amounts falling due after more than one year
(17,799)
(24,713)
Net assets
463,985
393,360
Called up share capital
68
68
Profit and loss account
463,917
393,292
Shareholders' funds
463,985
393,360
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by
Russell Thomson
Director
Company Registration No. 12301422
Island Renewables Ltd
Notes to the Accounts
for the year ended 30 November 2025
Island Renewables Ltd is a private company, limited by shares, registered in England and Wales, registration number 12301422. The registered office is 13 Daish Way, Newport, Isle of Wight, PO30 5XJ.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2024
13,060
119,725
132,785
At 30 November 2025
39,560
119,725
159,285
At 1 December 2024
6,649
35,176
41,825
Charge for the year
3,937
23,945
27,882
At 30 November 2025
10,586
59,121
69,707
At 30 November 2025
28,974
60,604
89,578
At 30 November 2024
6,411
84,549
90,960
Island Renewables Ltd
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Trade debtors
395,527
246,232
Amounts due from group undertakings etc.
79,092
1,509
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Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
6,913
9,005
Trade creditors
172,896
136,131
Taxes and social security
80,172
36,952
Other creditors
293,533
148,067
Loans from directors
3,827
2,816
Deferred income
199,390
201,421
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Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
17,799
24,713
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Average number of employees
During the year the average number of employees was 6 (2024: 6).